Erm, Actuary and double materiality: The new challenge
By Marianna Duca
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Marianna DUCA is a Fully Qualified Actuary of the Italian Society of Actuaries (ISOA) and a Risk Manager at Ferrovie dello Stato Italiane | ||
Enterprise Risk Management (ERM) is extensively used by both financial and nonfinancial organizations to mitigate negative and uncertain situations that could jeopardize business strategy and operations. By minimizing the impact or likelihood of such events, ERM helps prevent reputational, financial, or other types of damage. It is recognized as an effective tool for reducing losses from unexpected risks and enhancing business performance across various industries.
Disclaimer:
This article represents the opinion of the author, and not necessarily the opinion of the AAE.
This article was published in The European Actuary No. 41 – March 2025
